The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil (bbbl) in 2019.

The General Petroleum Company (GPC) allocated EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20, Nabil Abdel Sadek, Executive Chairman of the Board of Directors, stated

BP began natural gas production from its offshore Qattameya field in the North Damietta offshore concession through its joint venture (JV); the Pharaonic Petroleum Company (PhPC).

The Pharaonic Petroleum Company's natural gas production significantly increased during the current period to 450 million cubic feet per day (mmcf/d) in addition 8,000 barrels of condensates.

Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natural Gas Holding Co. (EGAS), Magdy Galal.

US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.

Atoll field’s production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20.

US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially producing natural gas at a rate of 32 million cubic feet per day (mmcf/d).

Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bpd), beating official forecasts by 1.8%.